Consider two random variables X and Y. In initial probability and statistics courses, a discussion of various concepts of dissociation between X and Y is customary. These concepts typically involve independence and uncorrelatedness. An example is shown where E(Y^n|X) = E(Y^n) and E(X^n|Y) =...

A growing number of today's college students attend local 2-year community colleges. Many of these students will ultimately transfer to major universities in pursuit of the traditional Bachelors degree. However, the question of whether such transfer credits adequately prepare students for future...

In this paper we present a graphical analysis framework for the new neoclassical synthesis, which can be used to explain and interpret the behavior of the new neoclassical model under shocks. We elaborate the role of expectations on output and inflation as well as the influence of the monetary...

A value added panel and a larger posttest sample are applied to test hypotheses regarding the common influences on student performance on the TUCE III. Common influences, those shared by all students in a given classroom, included: day vs. night time of course; class size; peer effects; and...

The paper will give an overview of the Second Law of Thermodynamics, entropy, and relative entropy. There will be a listing of areas where the latter two concepts are being employed today. The principle discussion will be in terms of the social sciences. The author will give brief examples drawn...

This paper is about what is called usually SME (Small and medium-sized entreprises, thus including the very small companies). But it raises in preamble the question of the relevance, from an economic point of view, of this statistical category, defined, for example, like the companies employing...

Peer assisted study sessions (PASS) are a type of supplemental instruction (SI) that provide students with out-of-class study review sessions with a group of peers. A student, who has successfully completed the subject and acts as a mentor, facilitates the voluntary sessions.Results of the PASS...

Set in June 2001, the case places the student in the role of Scott Topping, Director of Corporate Finance at Southwest Airlines. Scott is responsible for the airline's fuel hedging program. The case describes the importance of jet fuel hedging in the airline industry, the volatility of jet fuel...

With an internet-based platform to transparently report global business-to-business (B2B) dealings, companies could freely invest and transact. Part I also explores eBay's secrets of success, complete with a detailed examination of its feedback and rating systems to find what tools can be...